tiprankstipranks
The Fly

Lightbridge performs co-extrusion demonstration of coupon sample

Lightbridge performs co-extrusion demonstration of coupon sample

Lightbridge (LTBR)Corporation announced the performing a co-extrusion demonstration of a coupon sample consisting of an alloy of depleted uranium and zirconium with an outer cladding made of nuclear-grade zirconium alloy material at Idaho National Laboratory. The co-extrusion process demonstration conducted at INL entailed pressing the metallic alloy billet encased in zirconium alloy cladding through a die to produce a cylindrical rod with a length of approximately 8 feet. The co-extrusion of this demonstration coupon sample represents a key fabrication milestone under Lightbridge’s Strategic Partnership Project Agreement with Battelle Energy Alliance, the U.S. Department of Energy’s operating contractor for INL. The uranium-zirconium alloy used in the demonstration rodlet is the same composition that Lightbridge plans to use for its future commercial Lightbridge Fuel product. INL and Lightbridge will now work together to analyze the co-extruded coupon sample to confirm the extrusion process parameters.

Discover the Best Stocks and Maximize Your Portfolio:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1